Org.nr 975 339 793 2018 → 2019 Year-over-year analysis

3 TS INDUSTRISERVICE AS: årsregnskap 2019 vs 2018

Shrank 11% on revenue, stronger earnings

approved 2020-08-28; registry 2020-09-09; journal 2020 773378

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3 TS INDUSTRISERVICE AS. Revenue 28.56m NOK → 25.41m NOK (-11.0%). Net result +324.1k NOK → +630.3k NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 TS INDUSTRISERVICE AS.

At a glance

Revenue

28.56m NOK 25.41m NOK

-11.0%

Operating result

n/m +1.23m NOK

—

Net result

+324.1k NOK +630.3k NOK

+94.4%

Equity

3.72m NOK n/m

—

Cash

1.59m NOK 2.69m NOK

+69.3%

Total assets

12.45m NOK 15.71m NOK

+26.2%

↑
Net result improved

Net result +324.1k NOK → +630.3k NOK (net margin 1.1% → 2.5%). Calculated
↑
Cash rose

Bank deposits 1.59m NOK → 2.69m NOK (+69.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 28.56m NOK to 25.41m NOK (-11.0% YoY). Calculated